0x Price Rocketing, Up By 16% As Coinbase Listing Rumors Emerge

In the last 24 hours, 0x prices have shot up hitting a price high of $0.759779. The price surge has rallied up 0x fans and many are asking the question, is $1 possible? So far, the rally has seen the price surge by 16%. After seeing a relatively slow and stable start of the month and for the last seven days, the price surge signals a bullish month to come and possibly an outstanding performance at the end of the year.

Some of its gains have been credited to the general performance by the market which has been recovering from a poor performance over the weekend. However, 0x has been one of the few coins which have stood out. Where other coins have been seeing a price surge of 0.50% to 5%, the coin has pushed to 16% and still looks strong.

The price surge is expected to offer a higher support level and a higher resistance level. Currently, the coin’s resistance level stands at 0.00007623 and after breaking the 0.661904 resistance level, there’s no telling where it finds the next resistance level.

What’s Driving The Interest?

Well, if you’ve been around enough, then you know that when a coin jumps this high, something is pushing for its demand. In 0x case, in the last 24 hours, there have been rumors that the coin might get listed on Coinbase. Numerous reports have popped up on social media that $ZRX is showing up on Coinbase. Recently, the exchange announced that it was going to rapidly increase the number of digital assets it was supporting on its platform and many are speculating that 0x is one of the new coins that will be listed.

Officially, neither 0x nor Coinbase has confirmed this claim.

A few months ago, Coinbase announced it was exploring listing 0x but nothing has come of this. Is it happening now? The next few hours will provide us with the answer, but we know for a certainty that if it is listed we could see it hit $1 in the next few hours following the announcement.

ZRX/(USD, BTC) Price Chart, Monday October 8th:

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